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India News

India today is no stranger to the concept of Bitcoin (BTC) and cryptocurrency. Home to over 1 billion people, the South Asian country touts a population rivaling that of China. India, officially known as the Republic of India, is the second-largest country by population after China. The industry of cryptocurrency in India today still shows a country that is uncertain about the asset class.

In India, government bodies have discussed the country’s stance on cryptocurrencies for years. Although headlines have mentioned various possible cryptocurrency-related bans and regulatory moves — with people often asking, “Is Bitcoin legal in India?” — the country has yet to officially outlaw crypto on the whole. Companies focused on digital assets could not work with banks for a time, thanks to a 2018 ruling from the Reserve Bank of India, or RBI — the country’s central bank — but those restrictions were removed in 2020.

Top News

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Crypto exchanges BTCXIndia and ETHEXIndia will stop their crypto trading by March 1 and 5 respectively, citing the government’s stance on crypto.

India: Two Crypto Exchanges Halt Trading, Blame ‘Discouraging’ Government Stance

Molly Jane Zuckerman

2018-03-01T12:58:00+00:00

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Indian software company NASSCOM and the Canadian Blockchain Research Institute have partnered to promote Blockchain research and application across India.

Indian Software Firm, Canadian Research Institute Partner To Promote Blockchain In India

Molly Jane Zuckerman

2018-02-22T14:07:00+00:00

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Citigroup subsidiary Citibank India has banned its customers from using both credit and debit cards for purchasing and trading in cryptocurrencies.

Citibank India Bans Both Credit And Debit Cards For Crypto Purchases, Cites ‘Risks’

Molly Jane Zuckerman

2018-02-15T00:21:00+00:00

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A tax reclaiming scheme in India, announced back in December, has attracted fresh negative press after confirmatory comments it was continuing.

India: Media Creates Panic Over 2-Month-Old Crypto Tax

2018-02-08T12:11:00+00:00

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Bitcoin’s two month low highlights negative sentiments towards cryptocurrencies from financial institutions and governments.

Bitcoin's 2 Month Low - Sign of the Time

Gareth Jenkinson

2018-02-04T16:20:00+00:00

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Cointelegraph spoke to India’s three largest cryptocurrency exchanges, which unanimously stated that the cryptocurrency ban rumors are nothing more than FUD.

Interview With India's Three Largest Exchanges: Cryptocurrency Ban Rumors are FUD

2018-02-04T08:15:00+00:00

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Bitcoin has taken some knocks through January, but not all of them are legitimate punches.

Black January: Why is Bitcoin in Such a Bad Way?

2018-02-02T15:00:00+00:00

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India’s finance minister has said the country will crack down on “illegitimate” uses of cryptocurrency, but misinterpretations of his words as an outright ban a...

India: Bitcoin Prices Drop As Media Misinterprets Govt’s Regulation Speech

2018-02-01T11:39:00+00:00

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